Oil and Gas Watch

Brendan Gibbons

Billions in Venezuelan oil revenue draw Congressional scrutiny as Iran war reshapes U.S. energy strategy

Three months after U.S. special forces extracted Venezuelan President Nicolás Maduro from Caracas in a nighttime raid, the Trump Administration’s handling of billions of dollars in Venezuelan oil revenue has become the subject of Congressional scrutiny. Questions are being raised as the administration scrambles to unlock Venezuelan crude to offset a fuel crisis driven by the U.S. attack on Iran. The administration last month lifted sanctions on Venezuela’s oil put in place in January 2019, during Trump’s first term.

With 34 petrochemical ‘plastics recycling’ plants proposed across U.S., a small PA town fights back -- and wins

Plans to build what would have been the largest petrochemical plant in the U.S. dedicated to breaking down plastic waste into chemicals were cancelled today. The decision by the Encina company came after a town council in Pennsylvania voted unanimously to “strenuously and unequivocally” oppose the company's proposed plant on the banks of the Susquehanna River. The victory by the local community in Northumberland Borough is the latest example of rising opposition to a wave of 34 petrochemical plants proposed across the U.S. that wrap themselves in misleading language about “recycling” plastics.

Opposition mounts to aging oil & gas pipeline threatening Great Lakes drinking water

The Enbridge Line 5 Pipeline, which carries oil beneath Lake Michigan and Lake Huron, is notorious for a 2010 accident that was one of the worst inland oil spills in U.S. history. More than 20,000 barrels of heavy crude oil spilled into a tributary of the Kalamazoo River near Marshall, Michigan. This messy history weighs heavily on the future of the old pipeline, which is facing lawsuits from the Bad River Band of the Lake Superior Tribe of Chippewa Indians and the Michigan Attorney General's office.

Brendan Gibbons

A new EPA rule is meant to prevent chemical disasters, but safety advocates say loopholes remain

The U.S. experiences a chemical disaster on average once every two days, including at least 45 so far in 2024, according to the nonprofit Coalition to Prevent Chemical Disasters. However, a new safety rule the Biden administration recently released is meant to avoid such catastrophes. Advocates also say EPA should have done more, such as required air monitoring at the fence lines of major facilities and adding ammonium nitrate, an explosive material used in fertilizer, to the hazardous chemical list.

Brendan Gibbons

Thousands of abandoned wells in Louisiana threaten to leak carbon dioxide from storage projects

Louisiana is one of the hotspots in the U.S. for sequestration projects that trap carbon dioxide (CO2) underground to protect the climate. Companies are planning 58 storage wells at 24 sites across the state. However, experts say a century of oil and gas drilling has left thousands of pathways for CO2 to squeeze its way back out into the atmosphere, potentially eroding any climate benefits and creating a safety threat for nearby residents in the event of a massive rupture or leak. Two recent reports examine the threat from the more than 186,000 abandoned oil and gas wells in Louisiana.

Texas plastics factory shows how companies take public subsidies while breaking pollution laws

The Formosa Point Comfort plastics manufacturing plant on the Texas Gulf Coast, which makes plastics and other chemicals out of oil and gas, received nearly $69 million in school district tax breaks over a decade. But despite the public support, the plant has routinely violated water and air pollution control laws – without ever losing its subsidies, as a consequence. In a new report, the Environmental Integrity Project examined 50 plastics plants built or expanded in the U.S. since 2012 and found that 64 percent of them received taxpayer subsidies worth a total of almost $9 billion over a decade.